How risky is real estate compared to other types of investments?
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How risky is real estate compared to other types of investments?
Michael Corbett (Real Estate Expert) gives expert video advice on: What are the advantages of buying property for resale?; What are the financial dangers of buying property for resale?; What's the one thing I should consider before flipping property? and more...
I think real estate is probably the most solid investment you can make. If you look at historically, from the 1960's to now, yes, the market has ups and downs, but the market has gone like this. It goes up and down and up and down, but from where it was to where it is, it's been a gradual average of four percent, five percent increase over the past forty years, almost fifty years. It's the best, most solid growth investment you can make, and if you do it smartly and slowly and gradually, there's nothing that beats it.